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Property Description
Don't Miss this Guest Favorite, it is a little Gem, located on the 5th Floor, offering a Unique Lagoon Pool and tropical resort balcony vibe. Enjoy Five-Star Amenities at The Palms of Destin Resort! With an impressive rental history, $49,269 in booking in 2025. And already looking to exceed that at $39,167 as of June 2026. This beautifully upgraded 2-bedroom, 2-bathroom Jr Suite condo is perfectly situated in the heart of Destin. A quick walk to the beach for sunsets. Combining charming beach decor with tons of upgrades. This home has been well loved and cared for. Step inside to find a fresh white palate with coastal accents, new furnishings and thoughtful decor. As you flow through the condo you will find it has all the comforts of home with a fully stocked kitchen, with upgraded kitchen and granite counter top. Unit 1509 comes fully Furnished, with all that you and your guests will come to love and adore to make the most of your beach retreat. Stepping out from the living room sliding glass doors, you will enjoy your own private balcony to sit back and take it all in. The unique view will capture your attention, with the lively pool deck, overlooking the Resort's Lagoon pool and tropical landscapes. Entering back inside: from two locations, you can access the Primary Bedroom with on suite bathroom and garden tub, black out curtains to sleep in and experience your vacation escape. The Jr bunk room has custom twin over full bed, It's own bathroom with walk in shower.
Full Property Details
Full Property Details for 4203 Indian Bayou Trail #1509
General
- Price: $405,000
- Taxes: $3,484 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1005689
- Updated: 6/18/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Elevator, Owner's Closet, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer
- Furnishings: Furnished - All
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub, Pavillion/Gazebo, Tennis Court
Parking
- Parking Features: Garage
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: THE PALMS OF DESTIN
- Driving Directions: Located on the Corner of Indian Bayou Trail and Emerald Coast Parkway, The Palms of Destin Resort and Conference center
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Electricity, Internet Service, Master Association, Other Utilities, Recreational Faclty, Sewer, Water, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Public Water, TV Cable
Structural Information
- Construction: Concrete, Block
- Exterior Const.: Concrete, Block
- Stories/Levels: 12
- Square Feet: 970
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Lot Features
- Property View: Unit Waterview Only
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $3,705
- Tax Amount: $3,484.47
- Tax Year: 2025
Disclosures and Reports
- Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 2 UNIT 1509
- APN: 00-2S-22-2311-0000-1509
- Property ID: 00-2S-22-2311-0000-1509
Listed by Bastion Realty LLC
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Schools
Schools serving 4203 Indian Bayou Trail #1509
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.9 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 2.3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4203 Indian Bayou Trail #1509
Date
Details
Price
Change
Source
6/17/2026
Listed
$405,000
88.37%
MLS
8/11/2020
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4203 Indian Bayou Trail #1509
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,484
4%
$294,209
-15%
2024
$3,355
5%
$348,000
4%
2023
$3,189
49%
$336,000
95%
2021
$2,140
-23%
$172,300
-39%
2022
$2,794
31%
$281,000
84%
2021
$2,140
25%
$153,000
18%
2019
$1,716
13%
$129,800
10%
2018
$1,515
2%
$118,000
4%
2017
$1,490
4%
$114,000
4%
2016
$1,429
-6%
$110,000
-4%
2015
$1,523
-1%
$115,000
—
2014
$1,542
7%
$115,000
8%
2013
$1,440
—
$106,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4203 Indian Bayou Trail #1509
4203 Indian Bayou Trail #1509, Destin, FL 32541 (MLS# 1005689) is a Condo property with 2 bedrooms and 2 full bathrooms. 4203 Indian Bayou Trail #1509 is currently listed for $405,000 and was received on June 18, 2026. Want to learn more about 4203 Indian Bayou Trail #1509? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

